Traceability Technology is Crucial for Effective Product Recalls
There were 218 non-food consumer product recalls in 2021 alone, and that figure has remained above 200 since 2017
Industrial Cloud Vulnerable to Cyberattacks
The cloud and edge computing have come to the industrial world and they’re here to stay. Whether one thinks that’s a good or bad thing, it’s now inevitable. These shifts have been accelerated by the enormous expansion in remote workers due to Covid-19 and their many unmanaged or insecurely managed devices, along with the connection of millions…
Supply Chain Embraces the Cloud to Drive Digital Transformation
Companies managing their supply chain operations face the challenges of growing complexities of the global economy, the continuous rise in e-commerce and increasing customer expectations. To help confront these challenges and keep pace with customers’ needs, companies increasingly understand the importance of digitally transforming their supply chain to increase flexibility, visibility and reduce costs. According…
Q4 Component Demand Dives; Uptick Pushed to 2H 2020
Expectations for an upturn in electronics component demand have been pushed out to the second half of 2020, and the road to recovery passes directly through global trade policy, leading analysts say. The outlook for Q4 is grim as component demand deteriorates further, Morgan Stanley said in its Q3 distribution survey. “The narrative of a…
AI Hardware Market to Reach $15.6 Billion
Without doubts, AI’s impact remains immense. Yole Developpement analysts estimate the 2024 total market for AI hardware computing for consumer applications to reach $15.6 billion. This market can be shared between two market segments: the stand-alone chip at $3.8 billion and the embedded one, especially supported by the smartphone, up to $11.8 billion. The market…
Avnet Launches Store on Alibaba’s Chinese B2B Site
Avnet Inc. is expanding its offerings in China by launching a super store on Alibaba Group’s China-focused B2B purchasing and wholesale marketplace 1688.com. Through an alliance with Alibaba Cloud, the electronics distributor will also enable services such as IoT prototyping. As China’s largest wholesale platform for industrial products, 1688.com is home to more than 10…
IoT: Essentials for the Product Development Process
The internet of things (IoT) has taken the world by storm in recent years. Everything from appliances to cars to handheld devices are connecting people to data and services like never before. However, with those connections come amazingly complex and effective devices and thus the need for greater control and interoperability between highly dispersed teams…
TrueCommerce Levels the EDI Playing Field For Small Businesses
Electronic data interchange (EDI) has been a staple of the electronics supply chain for decades. EDI links are used between component makers, distributors and end-customers to share data crucial to managing the supply chain—price, orders, lead times, availability, transaction records, replenishment signals and more. Historically, though, these links have been customized, meaning partners essentially had…
How IoT Improves the Electronics Supply Chain
Electronics manufacturers lose billions of dollars every year due to late and damaged shipments. But with new IoT technologies, these companies are gaining real-time visibility into the location and condition of their in-transit goods, enabling them to identify and eliminate the root cause of issues and adopt a data-driven mindset to the optimization of the…
IHS: Top Eight Technology Trends for 2018
From the Internet of Things to the cloud to artificial intelligence, industries are seeing a new wave of technologies that have the potential to transform and significantly impact the world around us. For its latest white paper, business information provider IHS Markit (Nasdaq: INFO) surveyed its leading technology experts to find out how these technologies are coming together…